You're using a free limited version of DrugPatentWatch: Upgrade for Complete Access

Last Updated: January 17, 2025

Ofatumumab - Biologic Drug Details


✉ Email this page to a colleague

« Back to Dashboard


Summary for ofatumumab
Recent Clinical Trials for ofatumumab

Identify potential brand extensions & biosimilar entrants

SponsorPhase
Tang-Du HospitalPhase 1/Phase 2
Henan Provincial People's HospitalPhase 1/Phase 2
Mario Negri Institute for Pharmacological ResearchPhase 2

See all ofatumumab clinical trials

Recent Litigation for ofatumumab

Identify key patents and potential future biosimilar entrants

District Court Litigation
Case NameDate
Acerta Pharma B.V. v. Cipla Limited2024-05-16
Acerta Pharma B.V. v. MSN Pharmaceuticals Inc.2022-02-04
Acerta Pharma B.V. v. Sandoz Inc.2022-02-04

See all ofatumumab litigation

PTAB Litigation
PetitionerDate
Sandoz Inc.2023-02-03

See all ofatumumab litigation

Pharmacology for ofatumumab
Mechanism of ActionCD20-directed Antibody Interactions
Established Pharmacologic ClassCD20-directed Cytolytic Antibody
Note on Biologic Patents

Matching patents to biologic drugs is far more complicated than for small-molecule drugs.

DrugPatentWatch employs three methods to identify biologic patents:

  1. Brand-side disclosures in response to biosimilar applications
  2. These patents were identified from disclosures by the brand-side company, in response to a potential biosimilar seeking to launch. They have a high certainty of blocking biosimilar entry. The expiration dates listed are not estimates — they're expiration dates as indicated by the brand-side company.

  3. General brand-side disclosures
  4. These patents were identified from searching drug labels and other general disclosures from the brand-side company. This list may exclude some of the patents which block biosimilar launch, and some of these patents listed may not actually block biosimilar launch. The expiration dates listed for these patents are estimates, based on the grant date of the patent.

  5. Patents from broad patent text search
  6. For completeness, these patents were identified by searching the patent literature for mentions of the branded or ingredient name of the drug. Some of these patents protect the original drug, whereas others may protect follow-on inventions or even inventions casually mentioning the drug. The expiration dates listed for these patents are estimates, based on the grant date of the patent.

1) High Certainty: US Patents for ofatumumab Derived from Brand-Side Litigation

No patents found based on brand-side litigation

2) High Certainty: US Patents for ofatumumab Derived from Company Disclosures

No patents found based on company disclosures

3) Low Certainty: US Patents for ofatumumab Derived from Patent Text Search

No patents found based on company disclosures

Market Dynamics and Financial Trajectory for Ofatumumab

Introduction

Ofatumumab, a monoclonal antibody, has emerged as a significant player in the treatment of chronic lymphocytic leukemia (CLL) and multiple sclerosis (MS). This article delves into the market dynamics and financial trajectory of ofatumumab, highlighting key drivers, challenges, and future prospects.

Market Drivers

Rising Prevalence of CLL and MS

The increasing incidence of CLL and MS globally is a major driver of the ofatumumab market. As these diseases become more prevalent, the demand for effective treatments like ofatumumab rises, contributing to market growth[1].

Technological Advancements

Advancements in monoclonal antibody technology have improved the efficacy, safety, and delivery mechanisms of ofatumumab. These innovations make the drug more appealing to healthcare providers and patients, boosting market adoption[1].

Targeted Therapy Adoption

The shift towards personalized medicine and targeted therapies in treating cancers and autoimmune diseases is significantly boosting the ofatumumab market. The precision and effectiveness of targeted therapies like ofatumumab enhance patient outcomes, driving market growth[1].

Market Opportunities

Emerging Markets

Increasing healthcare infrastructure and rising awareness about advanced therapies in emerging markets present significant growth opportunities for ofatumumab. These regions offer untapped potential for market expansion[1].

Combination Therapies

Developing combination therapies involving ofatumumab and other agents can enhance treatment efficacy and expand its clinical applications. This approach can open new avenues for the drug, increasing its market reach[1].

Biosimilars Development

The development of biosimilars can make ofatumumab more affordable and accessible, driving market growth. Biosimilars reduce the financial burden on patients and healthcare systems, increasing the adoption of monoclonal antibody therapies[1].

Market Dynamics

Competitive Landscape

The ofatumumab market is characterized by dynamic factors such as continuous advancements in biotechnology, evolving regulatory landscapes, and increasing competition from alternative therapies. Companies are focusing on strategic initiatives like mergers and acquisitions, partnerships, and extensive research and development to stay competitive[1].

Regional Analysis

  • North America: Dominates the ofatumumab market due to the high prevalence of CLL and MS, advanced healthcare infrastructure, and significant investments in research and development.
  • Europe: Holds a substantial market share driven by supportive healthcare policies, high awareness levels, and a strong presence of key market players.
  • Asia-Pacific: Expected to witness rapid growth owing to increasing healthcare expenditure, rising incidence of target diseases, and improving access to advanced therapies.
  • Latin America and Middle East & Africa: Show potential for market expansion with growing healthcare infrastructure and increasing awareness about targeted therapies[1].

Financial Trajectory

Market Size and Growth

The multiple sclerosis therapies market, which includes ofatumumab, is expected to reach USD 37.8 billion by 2032, exhibiting a CAGR of 3.7% during 2024-2032. This growth is driven by the development of innovative monoclonal bodies and other disease-modifying therapies (DMTs)[3].

Cost-Consequence Analysis

Studies have shown that ofatumumab is cost-effective compared to other DMTs. For instance, a cost-consequence analysis in Canada revealed that patients treated with ofatumumab had lower incremental administration and monitoring costs compared to many other comparators. Additionally, ofatumumab resulted in a greater percentage of patients employed and working full-time at 10 years[2][5].

Long-Term Efficacy and Safety

New data from the ALITHIOS open-label extension study has shown the sustained efficacy of continuous Kesimpta (ofatumumab) treatment over five years in patients with relapsing forms of multiple sclerosis. This long-term efficacy, combined with a well-tolerated safety profile, supports the favorable benefit-risk profile of ofatumumab, further solidifying its market position[4].

Challenges and Considerations

High Treatment Costs

Despite its benefits, ofatumumab faces challenges such as high treatment costs. However, the development of biosimilars is expected to make the drug more affordable and accessible, mitigating this issue[1].

Regulatory Requirements

Stringent regulatory requirements pose another challenge. Companies must navigate complex regulatory landscapes to ensure the approval and continued use of ofatumumab[1].

Emerging Trends

Personalized Medicine

The increasing emphasis on personalized medicine is driving the adoption of targeted therapies like ofatumumab. This trend enhances treatment precision and patient outcomes, contributing to market growth[1].

Digital Health Integration

The integration of digital health technologies with ofatumumab therapy for remote monitoring and patient management is an emerging trend. This integration improves treatment adherence and outcomes, further enhancing the drug's market appeal[1].

Key Takeaways

  • The ofatumumab market is driven by the rising prevalence of CLL and MS, technological advancements, and the adoption of targeted therapies.
  • Emerging markets and the development of biosimilars offer significant growth opportunities.
  • The drug's long-term efficacy and safety profile support its favorable benefit-risk profile.
  • High treatment costs and regulatory hurdles are key challenges, but the development of biosimilars and digital health integration are mitigating these issues.

FAQs

What are the primary drivers of the ofatumumab market?

The primary drivers include the rising prevalence of CLL and MS, advancements in monoclonal antibody technology, and the growing adoption of targeted therapies.

How does the development of biosimilars impact the ofatumumab market?

The development of biosimilars makes ofatumumab more affordable and accessible, driving market growth by reducing the financial burden on patients and healthcare systems.

What are the key regions for the ofatumumab market?

North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa are the key regions, with North America and Europe currently dominating the market.

What are the long-term efficacy and safety profiles of ofatumumab?

Studies have shown that continuous ofatumumab treatment maintains profound suppression of MRI lesion activity and reduces relapse rates over five years, with a well-tolerated safety profile.

How does digital health integration impact ofatumumab therapy?

Digital health integration improves treatment adherence and outcomes by enabling remote monitoring and patient management, enhancing the overall effectiveness of ofatumumab therapy.

Cited Sources:

  1. MarkWide Research: Ofatumumab Market 2024-2032 | Size, Share, Growth.
  2. ISPOR: Cost-consequence Analysis Of Ofatumumab In Comparison With Other Disease Modifying Therapies And Best Supportive Care For The Treatment Of Relapsing-Remitting Multiple Sclerosis In Canada.
  3. BioSpace: Multiple Sclerosis Therapies Market Size to Reach USD 37.8 Billion by 2032.
  4. Novartis: Novartis publishes new five-year efficacy data on Kesimpta (ofatumumab) treatment for relapsing multiple sclerosis.
  5. BeCari Publishing: Cost–consequence analysis of ofatumumab for the treatment of relapsing-remitting multiple sclerosis with active disease in Canada.

More… ↓

⤷  Subscribe

Make Better Decisions: Try a trial or see plans & pricing

Drugs may be covered by multiple patents or regulatory protections. All trademarks and applicant names are the property of their respective owners or licensors. Although great care is taken in the proper and correct provision of this service, thinkBiotech LLC does not accept any responsibility for possible consequences of errors or omissions in the provided data. The data presented herein is for information purposes only. There is no warranty that the data contained herein is error free. thinkBiotech performs no independent verification of facts as provided by public sources nor are attempts made to provide legal or investing advice. Any reliance on data provided herein is done solely at the discretion of the user. Users of this service are advised to seek professional advice and independent confirmation before considering acting on any of the provided information. thinkBiotech LLC reserves the right to amend, extend or withdraw any part or all of the offered service without notice.